Bill Text: NY S05671 | 2015-2016 | General Assembly | Introduced


Bill Title: Extends from November 30, 2015 until November 30, 2017, the expiration of the authority of the county of Suffolk to impose an additional 1% of sales and compensating use taxes.

Spectrum: Committee Bill

Status: (Passed) 2015-08-13 - SIGNED CHAP.221 [S05671 Detail]

Download: New_York-2015-S05671-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         5671
                              2015-2016 Regular Sessions
                                   I N  S E N A T E
                                     May 26, 2015
                                      ___________
       Introduced  by COMMITTEE ON RULES -- read twice and ordered printed, and
         when printed to be committed to the Committee  on  Investigations  and
         Government Operations
       AN  ACT  to amend the tax law, in relation to extending the authority of
         the county of Suffolk to impose an additional one percent of sales and
         compensating use tax
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  Clause 14 of subparagraph (i) of the opening paragraph of
    2  section 1210 of the tax law, as amended by chapter 225 of  the  laws  of
    3  2013, is amended to read as follows:
    4    (14)  the county of Suffolk is hereby further authorized and empowered
    5  to adopt and amend local laws, ordinances or resolutions  imposing  such
    6  taxes  at  a  rate  which is one percent additional to the three percent
    7  rate authorized above in this paragraph for such county for  the  period
    8  beginning  June  first,  two thousand one and ending November thirtieth,
    9  two thousand [fifteen] SEVENTEEN;
   10    S 2. Subdivision (c) of section 1262-j of the tax law, as  amended  by
   11  chapter 225 of the laws of 2013, is amended to read as follows:
   12    (c)  Notwithstanding  any provision of law to the contrary, of the net
   13  collections received by the  county  of  Suffolk  as  a  result  of  the
   14  increase  of one percent to the tax authorized by section twelve hundred
   15  ten of this article for the period beginning June  first,  two  thousand
   16  one  and  ending  November  thirtieth, two thousand [fifteen] SEVENTEEN,
   17  imposed by local laws or resolutions (by simple majority) by the  county
   18  legislature,  and  signed by the county executive, the county of Suffolk
   19  shall allocate such net collections as follows: no less than  one-eighth
   20  and no more than three-eighths of such net collections received shall be
   21  dedicated  for public safety purposes and the balance shall be deposited
   22  in the general fund of the county of Suffolk.
   23    S 3. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD11234-01-5
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